Jacobs Engineering (JEC) Tops Q2 EPS by 6c

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Jacobs Engineering Group Inc. Reports Earnings for the Second Quarter of Fiscal 2017

May 9, 2017 6:40 AM EDT

DALLAS--(BUSINESS WIRE)-- Jacobs Engineering Group Inc. (NYSE: JEC) today announced its financial results for the second quarter of fiscal 2017 ended March 31, 2017.

Second Quarter Fiscal 2017 Highlights:

U.S. GAAP net earnings of $50 million, or $0.41 per share; Adjusted net earnings of $95 million, or $0.78 per share; Backlog of $18.5 billion up $307 million vs. prior quarter and $247 million vs. year ago; highest professional services backlog in eight quarters; Gross margin improvement of over 200 basis points vs. prior year, driven... More